Background
The largest Plant based foods products company in the world with multiple sites globally.
Sold in 2018 and purchased by an Private Equity firm for €6.4Bn with a plan to carve out and take private.
This is the fastest and largest separation program in the food industry with a project spend of €350M, we successfully completed the separation while executing an ambitious growth strategy.
The programme was at risk and off track. The speed to execution allowed the private equity firm’s plans to remain on course.
Client:
Plant Food Products
Sector:
FMCG
Size:
900 users with business critical applications
Challenges
- No clear ownership of IT Services on Supply chain side or understanding of the services being consumed
- Ambitious timescales already agreed for separation
- Lack of clear control and accountability on how to achieve successful separation
- No clear overall strategy
- No central governance or management framework for the Project Management & Service Transition
Quick Wins
- Thebes Group was asked to conduct an initial, rapid discovery over 2 weeks to identify where to eliminate waste and optimise the AWS, Azure and GCP estates.
- This led to a further 6-week engagement using our CloudFIT Program (which brings together the best of breed practices from FinOps & Technology Business Management) and deploying Apptio’s cloud management tooling – Cloudability, as a Proof of Value.
- A comprehensive plan was formed during the discovery phase and was then successfully delivered rapidly over a 6-week period by our practitioners & client staff.
- Key to the success of the engagement, was our team forming trusted and collaborative relationships at all levels of the business and with the PE investor. At a tactical level, we worked with client staff to ensure they were trained, enabled and empowered to deliver the savings.
Key Results
Speed to execution
Meraki & MS Teams Dashboard reporting
Charge-back capability
Successfully delivered at pace, on time
Outcome
Deliver a new sustainable and scalable framework, enabling the client to effectively Separate, manage BAU & manage ongoing spend:
Governance – bringing together finance, IT demand and business to ensure effective governance, planning and cost optimisation.
Accountability – clear visibility on ownership and associated operating costs to ensure good financial accountability.
Transparency – building dashboard and “Monitoring” reporting for Network & Cloud based Contact Centre.
Reporting – Regular reporting to identify KPI’s /SLA’s being met by 3rd Parties,. Plus additional analytical reporting to support business cases for any cost optimisation in the future.
Service Reviews – Ensuring Vendor Management and BAU teams setup and hold regular service reviews which will help align KPI’s/SLA’s and drive further cost optimisation.
